What is Fernando Alonso's Net Worth, Salary, Assets, Brand Endorsements?

Today, the Spaniard is regarded as one of the greatest racing drivers in all of history as his motorsport exploits stretches out far beyond the realms of Formula One.

Fernando Alonso in a file photo; Credit: Twitter
By Nilavro Ghosh | May 5, 2022 | 3 Min Read follow icon Follow Us

Spain has been home to a number of great sporting legends over the years. In tennis, it is Rafael Nadal, in football, there are the likes of Carles Puyol, David Villa and several others. Similarly, in Formula One, Fernando Alonso has made the country proud. The 40-year-old Spaniard is the oldest driver on the grid in the 2022 F1 season and a two-time world champion with Renault. Alonso came into the limelight early in his career thanks to his fearless approach to racing and his sheer control that raw pace. By the end of his championship-winning stint with Renault, the Spaniard had already established himself as one of the F1 drivers who would go down in history.

In total, the Spaniard has had five teams so far in his long and illustrious career. These include the likes of Minardo, Renault, McLaren, Ferrari, and Alpine (his current team). His two world championships were won in 2005 and 2006, both with Renault. Alonso is famous for breaking Michael Schumacher’s winning run of five world championships with Ferrari from 2000 to 2004. He was the one who stood up and went toe to toe with the German, and won. Today, the Spaniard is regarded as one of the greatest racing drivers in all of history. Alonso’s motorsport exploits stretches out far beyond the realms of Formula One. He has been a participant of the 1999 Euro Open, the 2000 International Formula 3000, the American Open Wheel racing in 2017, 2019 and 2020, Indianapolis 5000 in 2017, 2019 and 2020, and the IMSA Weather Tech Sports Car Championship in 2018 and 2019. However, his most impressive records outside F1 are in the 2019 24 hours of Daytona in which he claimed first place in 2019, the 2018-19 FIA World Endurance Championship which saw him come first, and the 24 hours Le Mans in 2018 and 2019, both of which saw the Spaniard grab first place.

Fernando Alonso’s net worth

Fernando is estimated to have a net worth of USD 240 million. In his final F1 season with McLaren, his annual compensation was a stunning USD 33 million. Despite missing two seasons of Formula One, he was greeted with a king’s welcome at Alpine, with a salary of USD 25 million in 2021, making him the third highest-paid driver on the grid. Alonso will make USD 20 million per year starting in 2022, and his Alpine F1 contract will most certainly be extended until the end of 2023.

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Fernando Alonso’s salary

Being a legend sure has its perks. Any constructor would pay top dollar for the services of Alonso and that s exactly what the Spaniard is deservedly enjoying at Alpine. In his final season at McLaren, Alonso earned a whopping USD 33 million and although he was out of the game for a couple of years, his return to it was grand. At Alpine, Alonso earned USD 25 million in 2021 and is reported to make USD 20 million a year until the end of his contract in 2023.

Fernando Alonso’s assets

Alonso has a museum dedicated to the prizes and trophies obtained during his career. The Formula One driver is said to own a 130 million euro property in a 52-story Dubai structure. He also has properties in Switzerland and Mont-sur-Rolle, according to reports. The primary residence of the Spaniards is said to be in Spain. There are various rooms, a game area, an underground auto park, and an indoor gym, according to reports.

The following is his personal car collection

  • Ferrari 458 Italia
  • Maserati GranCabrio
  • Nissan GT-R
  • Ferrari California
  • Ferrari 599 GTB- Fernando Alonso Edition

Fernando Alonso’s endorsements

Alonso earns around USD 1 million a year in endorsements. He is sponsored by Kimoa, a fashion brand that is owned and endorsed by the Spanish racing legend.